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The government has delivered a Budget with a slim surplus and increased expenditure across a range of areas thereby setting the scene for the forthcoming election in May. To find out what Mercer’s views across superannuation and retirement, investments, health and workforce issues, download our 2019 Federal Budget report. #BUDGET2019
The 2019 budget extends the broad strategy of the previous budget, enhanced by the benefits of a budget baseline that has again turned out to be somewhat better than expected.
In this election year, the government’s strategy is fairly straightforward: broad-based tax relief, boosting infrastructure spending, and at the same time returning the budget to sustainable surplus. Commendably, and consistent with the government’s medium-term budget framework, pre-election spending initiatives continue to be funded primarily from other budget savings.
Download the 2019 Australian Federal Budget Report
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